501 Yonge St 5001
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$688,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC9512427
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Property Description
Can't miss luxury Teahouse by renowned developer Lanterra. This bright sunlight-filled one bed room, plus a good size den( 560sqf interior + large private balcony)features modern kitchen, Floor to Ceiling windows & laminated floor throughout. Step outside to the west facing balcony and enjoy the Unobstructed Breathtaking views of the city. Open Concept Modern kitchen with designer cabinetry, granite counters, backsplash and s/s appliances. Walk Score 99 - Steps To TTC, Restaurants, U of T, George Brown, Eaton Centre, Yorkville Shopping Etc. Enjoy modern city lifestyle at the heart of Toronto!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-14 | 2024-09-13 | 91 | $709,000 | - | Expired |
| 2024-07-19 | 2024-07-24 | 5 | $2,600 | - | Terminated |
Extras
5 Star Amenities: Outdoor Pool, Gym, Zen Lounge, Party Room, Yoga Room, Theatre, Patio & BBQ, Indoor Spa and Onsens, Pet Spa, Pet Relief Area, Visitor Parking.
Nearby Intersections
Bay & College (135)
Bay & Wellesley (190)
Yonge & Wellesley (215)
Bay & Bloor (467)
Yonge & Carlton (172)
Property Features
Clear View, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.24' x 15.32' | Laminate, W/O To Balcony, Combined W/Dining |
| Dining | Flat | 10.24' x 15.32' | Laminate, Open Concept, Combined W/Living |
| Kitchen | Flat | 10.24' x 15.32' | Stainless Steel Appl, Combined W/Dining, Granite Counter |
| Prim Bdrm | Flat | 9.09' x 10.66' | Large Closet, Window Flr to Ceil, West View |
| Den | Flat | 6.66' x 6.00' | Laminate, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 5001 is a 1-bedroom 1-bathroom condo listed for sale at $688,000, which is $121,096 (21.4%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Imperial Realty Inc.
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